Description
Exceptional 5 Unit investment opportunity in desirable area of Coral Springs! This turnkey investment boasts a current cap rate of 6%. Each 2 bed/1 bath unit separate A/C units, water heaters and electric meters. Updates include granite counters, stainless steel appliances, tile floors, hurricane impact windows. Ample parking for tenants and separate laundry/utility room with washer & dryer. Permits show roof replaced in 2005 and impact windows less than 1 year old. Units currently all rented to same tenant for 3 year period staring Sept 2020 with total rents of $9,000 per month.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Exceptional 5 Unit investment opportunity in desirable area of Coral Springs! This turnkey investment boasts a current cap rate of 6%. Each 2 bed/1 bath unit separate A/C units, water heaters and electric meters. Updates include granite counters, stainless steel appliances, tile floors, hurricane impact windows. Ample parking for tenants and separate laundry/utility room with washer & dryer. Permits show roof replaced in 2005 and impact windows less than 1 year old. Units currently all rented to same tenant for 3 year period staring Sept 2020 with total rents of $9,000 per month.
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